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>> well, nancy pelosi seems to think, as she was mixed up with the 11th and 14th amendment in raising the debt ceiling, the congress and the president needs to work together, but as for numbers, the congressional budget office came out with a recent report saying if you do what republicans want to do, it will only have the economy grow 1.5%, if you do what obama wants us to do, 1.25%, so, jamie, for it to actually come to a compromise, it just can't be a discussion about tax increases or not. you're going to have to cut spending and have entitlement reform. so, i do believe that they're going to go to a compromise, either speaking of the fiscal cliff and hurting seniors. if we go over the fiscal cliff, it will hurt all americans. >> jamie: i understand, thank you both so much for weighing in. great discussion, doug schoen and angela mcglowan, angela the optimist. (laughter) >> good to see you, it was an extremely tight election, over now in arizona, barber has won the 2nd congressional district narrowly beating out the republican. and the voters had picked barbara to fill out the rema
>> well, nancy pelosi seems to think, as she was mixed up with the 11th and 14th amendment in raising the debt ceiling, the congress and the president needs to work together, but as for numbers, the congressional budget office came out with a recent report saying if you do what republicans want to do, it will only have the economy grow 1.5%, if you do what obama wants us to do, 1.25%, so, jamie, for it to actually come to a compromise, it just can't be a discussion about tax increases or...
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." >> nancy pelosi took the position, a good negotiating position, that it ought to be $1 million to hundred $50,000. another -- and not $250,000 bid another suggestion, $500,000. that is where the movement is going to come, on that number. . >> nibbling at the edges. >> i now, but that is where the movement comes. >> is there a deal behind closed doors we don't know about? >> i don't think so. public posturing at this point. >> the tea party is not as strong as it was. the members who came back won gerrymandered districts, but speaker boehner has more control of his caucus this time. >> mitt romney explains why he lost the election. >> the president gave them a big gift on immigration with the dream act and the amnesty program. number two, put in place obamacare, which is basically $10,000 a family. >> there is mitt romney extending to its biggest donors why he lost the election. gov. bobby jindal, chris christie, they don't like that kind of talk. >> well, because it is politically suicidal. every once in awhile i say to myself, you are an idiot. every time you think, maybe he miss
." >> nancy pelosi took the position, a good negotiating position, that it ought to be $1 million to hundred $50,000. another -- and not $250,000 bid another suggestion, $500,000. that is where the movement is going to come, on that number. . >> nibbling at the edges. >> i now, but that is where the movement comes. >> is there a deal behind closed doors we don't know about? >> i don't think so. public posturing at this point. >> the tea party is not as...
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. >> reporter: while democrats balk at any intention of entitlement reform, nancy pelosi signals a new openness >> do we want to have saves from everything that we do? certainly. we need revenue, savings, and growth. >> reporter: she said there appeared to be interest among the leaders for a big deal, $4 trillion in deficit reduction along the lineups of the grand bargain -- lines of the grand bargain that fell apart between the president dent and john boehner last year. >>> tonight the shelves are empty. >> i'm just fighting for my rights and don't take away what i got. >> the twinkie is now a story of lost jobs. >> it's a childhood memory, definitely. >> in the creamy filling, there is also a lesson in nostalgia. why so many americans are suddenly so fond of yellow dye no. 5. >> here's your reward! >> thanks! creamy filling! >> and it is also the story of us. how the 150-calorie snack cake can teach us a lot about 80 years of american history. incorporated, the maker of twinkies and wonder bread ag others, has filed for banru. the beleaguered bakery will >>> hostess, the maker of twi
. >> reporter: while democrats balk at any intention of entitlement reform, nancy pelosi signals a new openness >> do we want to have saves from everything that we do? certainly. we need revenue, savings, and growth. >> reporter: she said there appeared to be interest among the leaders for a big deal, $4 trillion in deficit reduction along the lineups of the grand bargain -- lines of the grand bargain that fell apart between the president dent and john boehner last year....
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. >> and i got nancy pelosi on the record on that subject yesterday in a clip we have not played, but we're going to play in a second. her reaction to that -- her diagnosis of that on the republican side and how she says it has been different in the past is fascinating and that's coming up. and it's apparently mraz. >> can i just say, every day, i get into my show and there's nine names that i forget to check the pronunciation. >> i'm sorry. i'll never do it again. chris hayes, i'm going to call it yupa. i hope you don't mind. we'll be right back. >>> the scariest sentence in the english language is this one. elizabeth warren will be the next senator from the state of massachusetts. now that that very scary sentence has come true, it's playing out in an interesting and very specific way. that's next. >>> the system is rigged. look around. oil companies guzzle down billions in profits. billionaires pay lower tax rates than their secretaries. and wall street ceos, the same ones who wrecked our economy and destroyed millions of jobs still strut around congress demanding favors and acting
. >> and i got nancy pelosi on the record on that subject yesterday in a clip we have not played, but we're going to play in a second. her reaction to that -- her diagnosis of that on the republican side and how she says it has been different in the past is fascinating and that's coming up. and it's apparently mraz. >> can i just say, every day, i get into my show and there's nine names that i forget to check the pronunciation. >> i'm sorry. i'll never do it again. chris...
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. >> and i got nancy pelosi on the record on that subject yesterday in a clip we have not played, but we're going to play in a second. her reaction to that -- her diagnosis of that on the republican side and how she says it has been different in the past is fascinating and that's coming up. and it's apparently mraz. >> can i just say, every day, i get into my show and there's nine names that i forget to check the pronunciation. >> i'm sorry. i'll never do it again. chris hayes, i'm going to call it yupa. i hope you don't mind. we'll be right back. [ male announcer ] kids grow up in no time... marie callender's turkey breast with stuffing is a great reason to slow down. creamy mash potatoes, homestyle gravy and 320 calories. marie callender's. it's time to savor. and 320 calories. if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they c
. >> and i got nancy pelosi on the record on that subject yesterday in a clip we have not played, but we're going to play in a second. her reaction to that -- her diagnosis of that on the republican side and how she says it has been different in the past is fascinating and that's coming up. and it's apparently mraz. >> can i just say, every day, i get into my show and there's nine names that i forget to check the pronunciation. >> i'm sorry. i'll never do it again. chris...
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yesterday, nancy pelosi told me she's staying on as the top democrat in congress and would like to see the end of 2014 timeline for afghanistan moved up. she said that she would like to see us draw down faster. ever watch chris matthews' weekend show? on sundays, he does "the chris matthews show" on nbc. and on that show he asks his guests for a prediction for the week ahead. and here, courtesy of chris and his producers, is a reason you should watch this weekend's show on nbc. >> welcome back. tell me something i didn't know. >> i got a call this week from a republican congressman seeking to call attention to his efforts to move up the timeline for the removal of our troops from afghanistan. now, this may indicate that there's more bipartisan support for that line of thinking than most people may realize. we've had bipartisanship on issue by issue, even in recent times, but not on the broad, general thing. but what this tells me and what people think about, with this in mind, there may be things about which congress can reach some bipartisanship issue by issue as we go along. >> i thi
yesterday, nancy pelosi told me she's staying on as the top democrat in congress and would like to see the end of 2014 timeline for afghanistan moved up. she said that she would like to see us draw down faster. ever watch chris matthews' weekend show? on sundays, he does "the chris matthews show" on nbc. and on that show he asks his guests for a prediction for the week ahead. and here, courtesy of chris and his producers, is a reason you should watch this weekend's show on nbc....
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next on news watch, an interesting moment from nancy pelosi. pelosi. >> gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. do you have the coverage you need? open enrollment ends friday, december 7th. so now's the time to get on a path that could be right for you... with unitedhealthcare medicare solutions and plans including aarp medicarecomplete, insured through unitedhealthcare. call today to enroll. these medicare advantage plans can combine parts a and b, your hospital and doctor coverage... with part d prescription drug coverage, and extra benefits... all in one complete plan... for a $0 monthly premium. ... art b. other benefits can include 100% coverage for an annual physical and immunizations, vision and hearing coverage -- and prescriptions as low as $2... at pharmacies and retail locations like these. ♪ don't wait. let's get you on the right path. call today to enroll in a plan from unitedhealthcare, like aarp medicarecomplete. roo. >> yesterday, we did not have a majority but w
next on news watch, an interesting moment from nancy pelosi. pelosi. >> gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. do you have the coverage you need? open enrollment ends friday, december 7th. so now's the time to get on a path that could be right for you... with unitedhealthcare medicare solutions and plans including aarp medicarecomplete, insured through unitedhealthcare. call today to enroll. these...
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. >> and i got nancy pelosi on the road on that subject yesterday in a clip we have not played, from that interview but we're going to play in just a second. her reaction to that -- her diagnosis of that on the republican side and how she says it has been different in the past is fascinating and that's coming up. and it's apparently mraz. >> can i just say, every day, i get into my show and there's nine names that i forget to check the pronunciation. >> i thought it was mraz. i'm sorry mr. mraz. chris hayes, host of "up with chris hayes." i'm going to call it upha. ometh? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. out for drinks, eats. i have very well fitting dentures. i like to eat a lot of fruits. love them all. the seal i get with the super poligrip free keeps the seeds from getting up underneath. even well-fitting dentures let in food particles. super poligrip is zinc free. with just a few dabs, it's clinically proven to seal out mor
. >> and i got nancy pelosi on the road on that subject yesterday in a clip we have not played, from that interview but we're going to play in just a second. her reaction to that -- her diagnosis of that on the republican side and how she says it has been different in the past is fascinating and that's coming up. and it's apparently mraz. >> can i just say, every day, i get into my show and there's nine names that i forget to check the pronunciation. >> i thought it was mraz....
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. >> didn't nancy pelosi say today they would have milestones along the way and that there might be miniature goals as we get to the end? >> yes. >> how do you see that playing out? >> well, i think that this, again -- gwen: is this part of the public? >> this is a sign they have to get this done. there is nobody right now on either side of the aisle who wants to see this happen. i think what you're seeing when harry reid, for instance, is standing there and practically promising that we're going to get a deal before december 31, he stood up there and said that today. they mean business. >> right. >> there are lots of pieces to this. i think what they agreed to today is divide into pieces. how do we deal with the end of the year problem on spending, what do we do about a longer term deficit thing. they're trying to set up a framework to get it done. gwen: the sequester is what they're going to talk about down the road? >> they're probably going to find a settlement for this year, whether they do $100 billion down payment on deficit reduction, which is one year's worth of the sequester while t
. >> didn't nancy pelosi say today they would have milestones along the way and that there might be miniature goals as we get to the end? >> yes. >> how do you see that playing out? >> well, i think that this, again -- gwen: is this part of the public? >> this is a sign they have to get this done. there is nobody right now on either side of the aisle who wants to see this happen. i think what you're seeing when harry reid, for instance, is standing there and...
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but with now 45 days to go, you know, i think the minority leader nancy pelosi's goal of christmas is a good one. it's probably also realistic that it won't happen before then. >> what about to both of you, if, if we get the money, say we get this trillion dollars one way or another, is there a guarantee, nancy, to you first, that, that this goes to reducing the deficit? i mean, do we have that guarantee? is there any way it could be spent? >> well, i feel like the president has talked about spending some of that before on infrastructure projects, and the idea of creating jobs. but i do think that the bulk of it will go towards reducing the deficit. that's something that both parties agree really has to be tackled. and the problem is that if they don't tackle it now they'll have to tackle it down the road. so i think that this will be -- this is one of the few shared goals that they do have, taking that money to reduce it. >> you agree, ed? >> yeah, absolutely. i think you mention infrastructure. i mean, that is one possible spending program or stimulus-like proposal that is out there
but with now 45 days to go, you know, i think the minority leader nancy pelosi's goal of christmas is a good one. it's probably also realistic that it won't happen before then. >> what about to both of you, if, if we get the money, say we get this trillion dollars one way or another, is there a guarantee, nancy, to you first, that, that this goes to reducing the deficit? i mean, do we have that guarantee? is there any way it could be spent? >> well, i feel like the president has...
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if the president had a mandate, nancy pelosi would be the next speaker of the happen. that one not happen. >> what about your outlook? how confident are you right now as these negotiations began at the end of the day there will be a deal that you and your colleagues can support? >> very confident. there is an opportunity the president has to lead the country in a way that he wanted to in 2008. the president did not have that in 2009. move forward with the agenda entirely. now there is a restraining influence known as house republicans. i think there is an opportunity for both men, the president who i know in my days in the senate, the speaker of the house, and their dispositions to come up with a remedy to get them out of this. >> will it be better if it is the two of them in the room? >> i think they both have temperaments that can get 2 yes. that is a good thing. >> thank you for joining us here. one of the players and these negotiations. >> next, members of the house comment on the testimony about the benghazi attacks. and then congressional black caucus chair comme
if the president had a mandate, nancy pelosi would be the next speaker of the happen. that one not happen. >> what about your outlook? how confident are you right now as these negotiations began at the end of the day there will be a deal that you and your colleagues can support? >> very confident. there is an opportunity the president has to lead the country in a way that he wanted to in 2008. the president did not have that in 2009. move forward with the agenda entirely. now there...
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pelosi, the 2008 free bailout, free stimulus budget and spent $2.5 trillion. nobody complained it didn't spend enough. if we adopted their budget right now, the 2008 budget, $1 trillion per year less than we are spenning right now. >> sean: we spend all of this time with an election and we are right back where we were. i don't know the republicans that voted for an increase -- here's my question to you. here's my question. do you think the leadership in the house is glg to hold the line on increasing taxes? >> well, gee... i know that we had the biggest conservative wave election in american history 2 years ago. two years later, we had a continuing resolution, a continuing resolution, a continuing resolution, debt ceil being increase. we -- ceiling increase. we ended up cutting nothing, really. we really-- >>> you are saying no. >> two years of leverage for nothing. it's time to use the leverage of the house. it's one-half of one-third, but the most important half of the legislative body. the founders intended for congress to have the purrs strings and to use
pelosi, the 2008 free bailout, free stimulus budget and spent $2.5 trillion. nobody complained it didn't spend enough. if we adopted their budget right now, the 2008 budget, $1 trillion per year less than we are spenning right now. >> sean: we spend all of this time with an election and we are right back where we were. i don't know the republicans that voted for an increase -- here's my question to you. here's my question. do you think the leadership in the house is glg to hold the line...
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. >> senate majority leader harry reid and democratic leader nancy pelosi sounded equally positive. >> we have the cornerstones of being able to work something out. we'll both have to give up some of the things that we know are a problem. >> we understand that it has to be about cuts, it has to be about revenue, it has to be about growth. >> then came senate minority leader mitch mcconnell. so we might have a fly in the ointment. here it is. >> i can say on the part of my members that we fully understand that you can't save the country until you have entitlement programs that fit the demographics of the changing america in the coming years. we're prepared to put revenue on the table, provided we fix the real problem. >> the real problem? let me tell you something, senator. the real problem is two unfunded wars from the bush years, the bush tax cuts, and the give away to big pharma in the bush prescription drug program. senator mcconnell, it seems to me like he's up to something here. he knows how far senator bernie sanders and other democrats are going to defend the big three. social
. >> senate majority leader harry reid and democratic leader nancy pelosi sounded equally positive. >> we have the cornerstones of being able to work something out. we'll both have to give up some of the things that we know are a problem. >> we understand that it has to be about cuts, it has to be about revenue, it has to be about growth. >> then came senate minority leader mitch mcconnell. so we might have a fly in the ointment. here it is. >> i can say on the...
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. >> senate majority leader harry reid and democratic leader nancy pelosi sounded equally positive. >> we have the cornerstones of being able to work something out. we'll both have to give up some of the things that we know are a problem. >> we understand that it has to be about cuts, it has to be about revenue, it has to be about growth. >> then came senate minority leader mitch mcconnell. so we might have a fly in the ointment. here it is. >> i can say on the part of my members that we fully understand that you can't save the country until you have entitlement programs that fit the demographics of the changing america in the coming years. we're prepared to put revenue on the table, provided we fix the real problem. >> the real problem? let me tell you something, senator. the real problem is two unfunded wars from the bush years, the bush tax cuts, and the give away to big pharma in the bush prescription drug program. senator mcconnell, it seems to me like he's up to something here. he knows how far senator bernie sanders and other democrats are going to defend the big three. social
. >> senate majority leader harry reid and democratic leader nancy pelosi sounded equally positive. >> we have the cornerstones of being able to work something out. we'll both have to give up some of the things that we know are a problem. >> we understand that it has to be about cuts, it has to be about revenue, it has to be about growth. >> then came senate minority leader mitch mcconnell. so we might have a fly in the ointment. here it is. >> i can say on the...
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you can see how the market reacted just yesterday when you saw nancy pelosi out there. you saw john boehner out there saying we are hopeful we can get a deal done, and the market had a positive reaction to that, yet it lost that upside throughout the day. teetered back and forth between positive and negative territory, finally close the day out positive, so perhaps that suggests that maybe we are a little bit closer, but here's the thing, randi. they have got to get something done. >> yeah. >> they have got to solve this issue because if not the consequences are severe. >> you know, you listen to some people and they suggest that fears of falling off the cliff are overblown. i mean, what are the real consequences here? >> the real consequences are another recession. i can tell you every ceo that i'm talking to right now says i'm not making major decisions. i'm waiting. i'm standing by the sidelines. i can't hire a lot of people. i can't invest in a lot of infrastructure because i don't know what the landscape is going to be in the next 45 days. i don't know what the lan
you can see how the market reacted just yesterday when you saw nancy pelosi out there. you saw john boehner out there saying we are hopeful we can get a deal done, and the market had a positive reaction to that, yet it lost that upside throughout the day. teetered back and forth between positive and negative territory, finally close the day out positive, so perhaps that suggests that maybe we are a little bit closer, but here's the thing, randi. they have got to get something done. >>...
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. >> senate majority leader harry reid and democratic leader nancy pelosi sounded equally positive. >> we have the cornerstones of being able to work something out. we'll both have to give up some of the things that we know are a problem. >> we understand that it has to be about cuts, it has to be about revenue, it has to be about growth. >> then came senate minority leader mitch mcconnell. so we might have a fly in the ointment. here it is. >> i can say on the part of my members that we fully understand that you can't save the country until you have entitlement programs that fit the demographics of the changing america in the coming years. we're prepared to put revenue on the table, provided we fix the real problem. >> the real problem? let me tell you something, senator. the real problem is two unfunded wars from the bush years, the bush tax cuts, and the give away to big pharma. senator mcconnell, it seems to me like he's up to something here. he knows how far senator bernie sanders and other democrats are going to defend the big three. senator mcconnell is hoping to get the democr
. >> senate majority leader harry reid and democratic leader nancy pelosi sounded equally positive. >> we have the cornerstones of being able to work something out. we'll both have to give up some of the things that we know are a problem. >> we understand that it has to be about cuts, it has to be about revenue, it has to be about growth. >> then came senate minority leader mitch mcconnell. so we might have a fly in the ointment. here it is. >> i can say on the...
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which means in order for it to pass, nancy pelosi has to come over and knock on your door. what are your red lines on this? >> i suppose i'll have a number of red lines. number one, not a nickel in reductions and cost of living increases, social security, not a nickel in reductions to benefits to medicare and medicaid. those are probably the most primary red lines. then i would want to see -- >> that's interesting. >> i would want to see -- where you draw the red line, i don't know. i don't want to see more cuts in discretionary spending, i don't want to see increases to the military. i don't want to see revenue -- revenues, so-called, that will impact the middle class, like eliminating state and local taxes. that's a very important one. some of the proposals that are on the table now, they came from romney. they came from democrats saying great idea. let's cap deductions at 35,000 or $40,000. that will, in a high tax rate like you are, that will really almost eliminate to a large extent, deductibility, state and local taxes. which, in turn, will put more pressure on state
which means in order for it to pass, nancy pelosi has to come over and knock on your door. what are your red lines on this? >> i suppose i'll have a number of red lines. number one, not a nickel in reductions and cost of living increases, social security, not a nickel in reductions to benefits to medicare and medicaid. those are probably the most primary red lines. then i would want to see -- >> that's interesting. >> i would want to see -- where you draw the red line, i don't...
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>> if the president had a mandate, nancy pelosi would be the speaker of the house. >> the same question i put to gene sperling. how confident are you as these first face-to-face negotiations began, there will be a deal that you and your colleagues can support? >> very confident. there is an opportunity the president has to lead the country in a way that he wanted to back in 2008. there is a benefit to limited government. the president did not have it in 2009 when there was an expectation. listen, this move forward with the agenda. now, there is a restraining influence. i think there is an obscenity for both of these men, the state senate, their dispositions to come up with a remedy to get it done. >> would be better if it was just the two of them? >> are you stringing me out? >> well, they both have temperaments that can get to yes and that is a good thing in leaders. >> thank you for joining us. >> great, thank you. one of the players in these negotiations. thank you for that republican perspective. [captioning performed by national captioning institute] [captions copyright national ca
>> if the president had a mandate, nancy pelosi would be the speaker of the house. >> the same question i put to gene sperling. how confident are you as these first face-to-face negotiations began, there will be a deal that you and your colleagues can support? >> very confident. there is an opportunity the president has to lead the country in a way that he wanted to back in 2008. there is a benefit to limited government. the president did not have it in 2009 when there was an...
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host: nancy pelosi announcing she will return as the house minority leader, one of the ones at the white house just today that you probably saw. also talking with reporters after the meeting. here she talks about her focus that she had going into the meeting. [video clip] >> the speaker spoke about a framework going into next year. i was focusing on how to send a message of confidence to consumers in the markets in the short term to. we should have a goal in terms of how much deficit reduction we should have. we should have a deadline before christmas. we should scare some milestones of success so confidence can build as we reach our solutions. if we do not reach an agreement, not only will we miss an opportunity to lift the spirits and confidence in our country, we will have an economic downturn that must be avoided. we understand our responsibility there. we understand it has to be about cuts and revenue. it has to be about growth. it has to be about the future. as we cut investments and as we talk about revenue, we have to do so in a way that promotes growth and supports the future. i
host: nancy pelosi announcing she will return as the house minority leader, one of the ones at the white house just today that you probably saw. also talking with reporters after the meeting. here she talks about her focus that she had going into the meeting. [video clip] >> the speaker spoke about a framework going into next year. i was focusing on how to send a message of confidence to consumers in the markets in the short term to. we should have a goal in terms of how much deficit...